EUR/USD
1.16002
-0.028%
Gold
4564.09
2.163%
Oil
86.948
-0.908%
USD/JPY
158.846
0.055%
GBP/USD
1.34020
-0.046%
GBP/JPY
212.887
0.006%
Real-time News
Switzerlands ZEW Economic Situation Index for March was 2.5, compared to -2.5 in the previous month.On March 25, European Central Bank (ECB) President Christine Lagarde stated that the ECB could raise interest rates as early as April if the inflationary shock triggered by the war with Iran spirals out of control. Speaking at a conference, Lagarde said, "We are prepared to adjust our policy at any meeting if necessary." However, she emphasized that it is "too early" to make any decisions on interest rates, as policymakers still need to "assess the nature, scale, and persistence of the expected sharp rise in inflation caused by rising energy prices." Lagarde told central bank observers at the conference that the impact of the conflict is not yet sufficient to prompt immediate action from the ECB. She stated, "If the current energy market shock can be contained, its impact on overall inflation is likely to be limited." She stressed that central bank officials "cannot lower energy prices," but must pay attention to their impact on "comprehensive" inflation and "second-round effects through wages and inflation expectations."On March 25th, Optimus Robotics posted a job advertisement seeking talent in artificial intelligence, engineering, or manufacturing. The company stated that Optimus will transform the economic landscape of labor and manufacturing, with the goal of achieving mass production as quickly as possible. Elon Musk indicated that Optimus 3 is expected to begin production this summer and achieve mass production by 2027.According to Nikkei: Sony Honda will cancel its electric vehicle development project in North America.Switzerlands ZEW investor confidence index for March was -35, down from 9.8 previously.
